Petrobras inicia etapa de venda das refinarias RNEST, RLAM, REPAR e REFAP

Petrobras Starts Sale Process for RNEST, RLAM, REPAR, and REFAP Refineries

Written by Paulo Nogueira

Published on 22/11/2019 at 11:34

Updated on 22/11/2019 at 12:33

Refinarias da Petrobras a venda

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Binding Phase Begins for Petrobras Refineries in the State-Owned Company’s Divestment Plans

Petrobras, following the announcement made on August 30, 2019, informs the start of the binding phase regarding the first stage of asset sales in refining and associated logistics in the country, which includes the Abreu e Lima Refinery (RNEST) in Pernambuco, Landulpho Alves Refinery (RLAM) in Bahia, Presidente Getúlio Vargas Refinery (REPAR) in Paraná, and Alberto Pasqualini Refinery (REFAP) in Rio Grande do Sul along with their corresponding logistics assets.

Potential buyers classified for this phase will receive an invitation letter with detailed instructions regarding the divestment process, including guidelines for conducting due diligence and submitting binding proposals.

This market disclosure is in accordance with Petrobras’ divestment guidelines and the special divestment regime for assets by federal mixed-economy companies, as outlined in Decree 9.188/2017.

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About Petrobras Refineries

RNEST is located in Pernambuco, has a processing capacity of 130,000 barrels/day (5% of Brazil’s total oil refining capacity), and has the potential to double its capacity with the entry of the second processing unit, potentially reaching 260,000 barrels/day. Its assets include a storage terminal and a pipeline system totaling 101 km.

RLAM is situated in the state of Bahia, has a processing capacity of 333,000 barrels/day (14% of Brazil’s total oil refining capacity), and its assets include four storage terminals and a pipeline system totaling 669 km.

REPAR is located in the state of Paraná, has a processing capacity of 208,000 barrels/day (9% of Brazil’s total oil refining capacity), and its assets include five storage terminals and a pipeline system totaling 476 km.

REFAP is situated in Rio Grande do Sul, has a processing capacity of 208,000 barrels/day (9% of Brazil’s total oil refining capacity), and its assets include two storage terminals and a pipeline system totaling 260 km.

Source: Petrobras Press Advisory

Petrobras Starts Sale Process for RNEST, RLAM, REPAR, and REFAP Refineries

Binding Phase Begins for Petrobras Refineries in the State-Owned Company’s Divestment Plans

About Petrobras Refineries

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Petrobras Starts Sale Process for RNEST, RLAM, REPAR, and REFAP Refineries

Binding Phase Begins for Petrobras Refineries in the State-Owned Company’s Divestment Plans

About Petrobras Refineries

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While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

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